Laceby Road, Grimsby, Lincolnshire
Yorkshire
£115,000
Listed on 02/10/2026
Listed on 02/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
995 sqftFeatures
- Garden
- Parking
Description
This three-bedroom semi-detached house in Grimsby has two reception rooms, a fitted kitchen with a separate utility area, a ground-floor WC and a family bathroom. The layout includes a front lounge with a bay window and fireplace, a separate dining room, and three bedrooms upstairs. Character features include timber panelling and decorative glazing in the entrance hall.
The house would benefit from modernisation. Outside, there is off-road parking and a sizeable, established rear garden with mature planting and fruit trees, offering scope for redesign. The property is on Laceby Road, with local shops, schools, bus services and green spaces nearby, and road and rail connections serving Grimsby and the surrounding area.
The listing notes minor areas of rising damp and recommends an independent inspection by a suitably qualified specialist. The sale is marketed through Springbok Properties' Premium Fast Sale Plus process, which includes a reservation deposit and an administration fee; buyers should confirm the full terms and timetable with the agent.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
69out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £115,000, this three-bedroom semi is priced well below the local average on a floor-area basis: about £116/sq ft versus £165/sq ft. That gives buyers an attractive entry point for a medium-scale modernisation, with two separate reception rooms, off-road parking and a sizeable garden to build on. The traditional hall details and fireplaces add character, while the overgrown garden offers scope to create a more usable outdoor space.
The interiors shown are generally intact but dated, with older flooring and a tired fitted kitchen; the garden also needs clearance and attention. Staining is visible around the utility area, and the listing reports rising damp, so the cause and any remedial work should be checked. The £30,000–£52,000 renovation range indicates a meaningful project, and the calculated purchase-plus-midpoint-renovation figure is £156,000 against an implied current local average of £163,777, before fees or stamp duty; that is a modest margin on this comparison, not a renovated-value estimate.
Key opportunities
- Modernise the dated interiors and fitted kitchen, with scope to refresh finishes and flooring across the rooms shown.
- Clear and redesign the sizeable garden, including its overgrown path and established planting.
- Make the most of two distinct reception rooms, off-road parking and the characterful timber-panelling and decorative glazing in the entrance hall.
Key risks
- The listing reports rising damp and staining is visible in the utility area; seek specialist diagnosis to establish the cause and likely remedial work.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£434
Based on a loan of £86,250 over 30 years at 4.45% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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